+1.4/ -1.4%, unless you want to just let it float since one is using zero leverage.
10 MM Forex positioning.
- Thread starter DepthTrade
- Start date
Are you talking to me? I would hardly call it the Spanish Inquisition treatment unless one is incredibly fragile.
What I did is give a detailed explanation of issues that could arise, from my experience.
Easy Tiger, just a little hyperbole.
Yup you laid it out succinctly how they should structure a portfolio of multiple FX positions. I just think they were looking for opinion on direction, but since they've not shown back yet I guess it wasn't so important regardless.
Who are you, their psychologist? Go try your passive aggressive BS on someone else.
LOL wow geez chill or don't - whatever.
But BTW you didn't actually answer their question "Do you recommend closing any of the positions?"
Too busy flexing your FX knowledge "Citi" trader.
Have closed all positions.
The profit or loss is in USD +/-
Aud/cad sell 568,300 -2624
Aud/chf sell 432,700 -6363
Aud/jpy sell 365,000 -1789
Aud/nzd sell 891,700 -7031
Aud/sgd sell 437,900 -1089
Aud/usd sell 385,900 -356
Cad/sgd sell 663,200 +985
Chf/jpy sell 414,000 +5453
Eur/aud buy 249,400 -237
Eur/gbp buy 425,000 +8516
Eur/jpy sell 284,400 -1530
Eur/nzd buy 277,400 +2750
Eur/sgd sell 432,000 -866
Eur/usd sell 333,700 +211
Gbp/cad sell 374,200 +6444
Gbp/chf sell 350,600 +309
Gbp/jpy sell 265,200 +4568
Gbp/sgd sell 439,000 +9493
Gbp/usd sell 338,800 +8350
Nzd/cad sell 588,100 +1030
Nzd/chf sell 519,700 -3641
Nzd/jpy sell 422,500 +576
Nzd/sgd sell 531,100 +2101
Nzd/usd sell 451,100 +2487
Usd/cad buy 448,200 +2555
Usd/chf buy 481,500 +9293
Usd/sgd buy 837,100 +1842
Total + $46,685
+0.47%
How long was the holding period? Some of the positions look very correlated. Do you have to pay or collect interest on your positions and are they significant
The holding period was 1 week. The positions may look correlated, but the size allocated to each is different, so % movement would be different. No matter what, overall exposure is more important and is rarely going to be even across the currencies.
Trades for this week
Size is in base units.
Position value $11,136,700
Aud/nzd long 268,110
Cad/chf long 148,930
Eur/nzd long 830,900
Gbp/aud short 811,200
Gbp/nzd long 910,300
Nzd/cad short 1,781,700
Sgd/chf long 2,200,200
Sgd/jpy long 1,738,600
Usd/jpy long 1,155,500
Size is in base units.
Position value $11,136,700
Aud/nzd long 268,110
Cad/chf long 148,930
Eur/nzd long 830,900
Gbp/aud short 811,200
Gbp/nzd long 910,300
Nzd/cad short 1,781,700
Sgd/chf long 2,200,200
Sgd/jpy long 1,738,600
Usd/jpy long 1,155,500